BG Capital And Hampshire Cos. Acquire Medical Office In Philadelphia For $77M

A medical office located at 1930 South Broad Street in Philadelphia was recently sold for $77,000,000. The property spans 295,000 square feet, resulting in a price per square foot of $261. The transaction took place on February 21, 2022, and involved the buyers BG Capital and Hampshire Cos., represented by James E. Hanson II, as well as Arbah Capital, represented by Mahmood Al-Kooheji.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $77,000,000
• Address: 1930 South Broad Street, Philadelphia
• Market: Philadelphia

James E. Hanson II from BG Capital and Mahmood Al-Kooheji from Arbah Capital played key roles in this deal as the buyers' representatives. They facilitated the acquisition of the medical office property at 1930 South Broad Street, contributing to the successful sale.